Here's the bottom line, according to the paper:
-How is the money to be distributed? SAC hallucinates an ultra-powerful, bias-free "collective" that "would track internet and wireless file sharing activity on a census basis. Virtually all sharing on the internet and wireless devices would be tracked," they promise, and "Creators and rights-holders will be paid with a level of speed and accuracy never before possible." Will this happen before or after pigs fly? And are you comfortable letting Eddie Schwartz and Randy Bachman monitor all the filesharing activity on your PC, or would you immediately click on the encryption option that peer-to-peer sharing applications already offer as a matter of course?
We know what choice we would make.